Ark Invest's Cathie Wood said rapid interest rate hikes over the past year are now starting to hit cyclical pockets of the market, extending beyond her strategy to invest in companies offering what she calls disruptive technology. "The valuation hit

Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million units. It was the first monthly gain in 12 months and the

In this article GME Follow your favorite stocksCREATE FREE ACCOUNT A GameStop store operates in a strip mall on March 16, 2023 in Chicago, Illinois. Scott Olson | Getty Images GameStop on Tuesday posted a quarterly profit for the first time in two years, finishing out the year on a

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft founder Bill Gates speaks during the Global Fund Seventh Replenishment Conference in New York on September 21, 2022. Mandel Ngan | AFP | Getty Images Microsoft co-founder Bill Gates says that OpenAI's GPT AI model is the most revolutionary

In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT People wearing protective face masks walk past the closed Nike store on 5th Avenue, during the outbreak of the coronavirus disease (COVID-19), in New York City, May 11, 2020. Mike Segar | Reuters Nike beat Wall Street's expectations for its

BlackRock's Rick Rieder said it's not clear whether there are any additional shoes to drop in the banking system, but he does see some tightening of lending and that could hurt the economy. "When you move the funds rate up as much as it has,

In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai told employees that the success

U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, February 1, 2023. Jonathan Ernst | Reuters The Federal Reserve is expected to

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” This quote by Henry Ford might seem crazy — after all, don’t we all have

S&P 500 4,002.87 +51.30(+1.30%)   Dow 30 32,560.60 +316.02(+0.98%)   Nasdaq 11,860.11 +184.57(+1.58%)   Russell 2000 1,777.74 +32.75(+1.88%)   Crude Oil 69.50 +1.86(+2.75%)   Gold 1,943.60 +2.50(+0.13%)   Silver 22.52 +0.10(+0.42%)   EUR/USD 1.0775 +0.0049(+0.45%)   10-Yr Bond 3.6060 +0.1250(+3.59%)   GBP/USD 1.2217 -0.0056(-0.46%)   USD/JPY 132.3900 +1.0950(+0.83%)   Bitcoin USD 28,016.97 +37.82(+0.14%)   CMC Crypto 200 612.63 +7.58(+1.25%)   FTSE 100 7,536.22 +132.37(+1.79%)   Nikkei 225 26,945.67 -388.12(-1.42%)   Advertisement